Musings, News, and other Whatnot from Marleta's little corner of the world.

Sunday, July 10, 2011

$2 Across the Board on Horse #4

Before the Hitachi Consulting Dallas Summer Party yesterday, all I really knew about horse racing are things you could probably attribute to any racing... there's some set distance, they start at the same time, and the first to the finish line wins. Oh, and having watched several horse related movies, I knew what a jokey is and a bit about what they do.

Now... I'm still probably not even what you would call "proficient" at horse racing, but I think I could make decent picks. Also, and maybe more importantly, I know how to make a wager. I had no idea going in that I'd be learning so much jargon in one day.

Our first bet. John placed this one... it didn't win anything.

We made at least one bet on each race. Hitachi gave each employee $10 in Lone Star Bucks, which was a nice starting point. We dipped into our own money by about $5 at one point, but we got all of that back by the end.

Horse #2 taking the Win!

Our first winning bet: Race 2, $2, Across the Board, Horse #2 - #2 got the Win, so this was $7.90 payout on our $6 bet.

Our first win brought in $7.90. Our biggest win brought in $16 - Across the board on a horse the handicapper put in 5th and ended up taking the win. Our biggest loss was a race where we had 2 Horses Across the board (to Win, to Place, and to Show), but only only one of those horses Showed... meaning we got $4.40 for our $12 bet.

John in his "Studying the Numbers" pose

We had fun. I enjoyed learned how to place some bets... though we only place simple bets, I learned about exactica and other more exotic bets too. Since John is a statistics and numbers person, by the end of the day, I knew how to choose between two somewhat equally ranked horses by the identifying which one would have a higher payout if I won. Though, I never waiting to the very last minute to place my bet; I now understand why the pros would.

The starting gate. Sometimes they started far away, so I liked when they were close to us.

We ended the day up $4.50... we thought it was going to be more because were going to get Show money for Horse #1 in the last race, but some craziness happened and the officials bumped Horse #1 back to 4th... no money for us.

All in All, a pretty fun day. It takes a while, and you definately need good company to chat with between races. But, I wouldn't mind going back some time.